CHEVROLET CORVETTE C5 (1998-03)

The CHEVROLET CORVETTE C5 (1998-03) is a striking sports car renowned for its sleek design and thrilling driving experience. As a high-performance coupe or convertible, it stands out in the used car market for enthusiasts seeking powerful dynamics combined with distinctive American styling. This vehicle is typically used by car lovers, collectors, or those wanting an exciting drive on weekends, rather than as a daily commuter or family car. Its reputation is built on its impressive handling, strong V8 engine, and classic Corvette looks that appeal to drivers craving a combination of speed and aesthetic appeal. What makes the CHEVROLET CORVETTE C5 notable is its balance of performance and reliability, often appealing to those who value a memorable driving experience without compromising on style. Compared to rivals in the sports car class, it offers a more accessible price point in the used market—evidenced by an average valuation of around £11,640—and features a design that has aged well. With an average recorded mileage of around 44,224 miles and typically having fewer than three previous owners, the CHEVROLET CORVETTE C5 (1998-03) remains a compelling choice for sports car enthusiasts in the UK looking for a vehicle that blends American muscle with classic appeal.
average use
average use
mycarcheck
The most recent mileage data for the Chevrolet Corvette C5 (1998-03) indicates a diverse range of recorded readings. Notably, a third of the vehicles (33.3%) have mileage between 10,000 and 20,000 miles, suggesting many are relatively low-mileage examples. Additionally, another 33.3% fall within the 50,000 to 60,000 miles range. Smaller portions are found in the 40,000 to 50,000 miles and 60,000 to 70,000 miles brackets, each constituting 16.7%. Overall, this distribution shows a significant concentration of low to mid-mileage vehicles, which could be appealing to buyers seeking well-maintained cars with lower use.
vehicle values
vehicle values
mycarcheck
The private sale valuation data for the Chevrolet Corvette C5 (1998-2003) indicates that the most common asking price range is between £13,000 and £14,000, accounting for 50% of sales. Smaller proportions of vehicles are listed in the £9,000–£10,000, £10,000–£11,000, and £12,000–£13,000 ranges, each representing approximately 16.7%. This suggests a market where the majority of private sellers tend to price their vehicles around the mid-tier range, with a notable concentration at the £13,000–£14,000 level.
production years
production years
mycarcheck
The data indicates that for the Chevrolet Corvette C5 model manufactured between 1998 and 2003, the majority of vehicles (50% each) are from the years 2000 and 2001. This suggests a relatively even distribution of these cars across these two years, with no representation from other model years in this sample. It could imply that these two years are particularly popular or prevalent among the Chevrolet Corvette C5s from this period.
colour popularity
colour popularity
mycarcheck
The data indicates that the most common main paint colour for the Chevrolet Corvette C5 (1998-03) is red, accounting for 50% of the vehicles. The remaining colours—grey, blue, and yellow—each make up approximately 16.7%, suggesting a fairly diverse palette, though red is significantly more prevalent. This highlights a strong preference for red among buyers of this model during that period.
ownership cycle
ownership cycle
mycarcheck
The data indicates that for the Chevrolet Corvette C5 (1998-2003), the number of registered keepers is quite evenly distributed. Notably, vehicles with 4 registered keepers make up a third (33.3%) of the sample, suggesting they are more common than other figures. The remaining percentages are evenly split among vehicles with 1, 3, 5, and 6 keepers, each comprising 16.7%. This pattern reflects a relatively balanced distribution across different ownership counts and may imply varied usage patterns or ownership histories for this model.
engine choices
engine choices
mycarcheck
The data indicates that all Chevrolet Corvette C5 models from 1998 to 2003 are equipped with a 5,666 cc (around 5.7 liters) engine capacity and run exclusively on petrol. This consistency suggests a standard engine configuration across this vehicle type and model range, highlighting the Corvette C5’s focus on high-performance petrol engines.